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OpenAI nonprofit will retain control of $300 billion company

Sam Altman’s OpenAI ditches plan to become for-profit company after fierce pushback

OpenAI is ditching a controversial plan to become a for-profit company, CEO Sam Altman revealed on Monday – a surprise move that came after the artificial-intelligence juggernaut faced fierce pushback from ex-employees,

The Washington Post on MSN · 8h

Sam Altman hands Elon Musk a win, scrapping OpenAI’s for-profit plan

ChatGPT maker OpenAI said it will no longer seek to restructure into a for-profit company separate from its nonprofit board, a move Elon Musk had sought to block.

Mashable on MSN · 4h

Sam Altman: OpenAI nonprofit will retain control of the $300 billion company

OpenAI CEO Sam Altman made the unicorn of unicorns. In just 10 years, he created a company valued at $300 billion, and in the process, delivered a new technology with potentially world-changing implications.

1hon MSN

OpenAI walks back for-profit shift but Microsoft isn’t happy: Here's what's happening

OpenAI plans to retain its nonprofit status while spinning off its for-profit arm into a Public Benefit Corporation, despite ...

Decrypt1h

OpenAI Ends Profit Cap in Restructure, Microsoft Yet to Sign Off

OpenAI lifts its profit cap and restructures as a public benefit company, but Microsoft approval remains uncertain.

40m

Here's why Microsoft is key holdout for OpenAI's restructuring plan

Microsoft, which has invested $13.75 billion in the startup, remains the biggest holdout among investors as the ChatGPT maker ...

6hon MSN

'We want to build a brain for the world' – Sam Altman makes a crucial decision about the future of OpenAI, and it may determine the future of ChatGPT and AGI

OpenAI will transition to running under the oversight of a non-profit, and its profit side is to become a Public Benefit ...

4don MSN

Sam Altman shares Ghibli photo with Satya Nadella, Microsoft CEO responds

OpenAI CEO Sam Altman shared a Ghibli-style photo with Microsoft CEO Satya Nadella, sparking interest amid reports of growing ...

8hon MSN

OpenAI, facing pressure, announces its nonprofit will stay in control after all. Read CEO Sam Altman's letter.

CEO Sam Altman published a letter announcing the plan on Monday.

There's a growing rift between Sam Altman and Satya Nadella – Microsoft could block OpenAI's for-profit restructuring

Microsoft helped push OpenAI to the top of the multi-billion-dollar AI industry by investing $13 billion into the firm since 2019. ChatGPT is closing in on ...

3don MSN

Sam Altman and Satya Nadella show unity Ghibli-style, even as Microsoft flirts with OpenAI rivals

OpenAI CEO Sam Altman shared a Studio Ghibli-style image with Microsoft CEO Satya Nadella, showcasing OpenAI’s new office and ...

3don MSN

Sam Altman reimagines Satya Nadella’s OpenAI visit in Studio Ghibli style, Microsoft CEO responds

Sam Altman welcomed Satya Nadella to OpenAI's new offices, showcasing the latest technology. The OpenAI CEO reimagined a ...

Wanna scan your iris for crypto? Sam Altman’s orb comes to U.S.

OpenAI chief Sam Altman launched his World crypto project in 2023, and now it’s coming to the U.S. in a big way.

BetaKit3d

Microsoft vibe codes, a Trump in Toronto, Sam Altman is annoyed

How closely have you kept up with Canadian tech and innovation news this week? Test your knowledge and see how you compare to ...

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